For Sale - Land Development opportunity in San Dimas Down Town Specific Plan Area or potential business purchase with leasing the building.
Project Overview :
- Location: 400 W Bonita Ave, situated in the Gateway Village West zone, Downtown San Dimas.
- Lot Size: 3.8 acres (approximately 165,528 square feet) two parcels a main parcel and then a small access parcel.
Zoning and Development Standards:
- Base Density: 45 units per acre; Bonus Density: 55 units per acre with public parking incentives. [Planning Document, p. 52-53]
- Setbacks: 10-25 feet, depending on street frontage and adjacent zoning. [Planning Document, p. 52-53]
- Maximum Building Height: 4 stories or 55 feet with density bonuses. [Planning Document, p. 52-53]
- Open Space Requirement: 15% of the total lot size, per city planning guidelines for mixed-use developments. [Planning Document, p. 53]
Development Configuration and Projected Units:
- Assumption: Density is maximized through a balanced approach to parking, green space, and building layout. Public parking incentives are considered, but the unit count assumes a slight increase to optimize site value without infringing on setback and open space requirements.
- Projected Units: 215 units
- Density Justification: While the maximum density at 55 units per acre supports 209 units, we project a slightly higher total of 215 units by using efficient unit configurations and structured parking solutions to achieve optimal density and project value. [Planning Document, p. 52-53]
- Floor Area Ratio (FAR): 2.0, yielding a total building area of approximately 331,056 square feet across 4 floors.
- Building Footprint Utilization: 50% coverage of the ground area, or approximately 82,764 square feet, is used for the building footprint to allow sufficient parking and green space.
Green Space and Parking Allocation:
- Green Space: 15% (approximately 24,829 square feet), meeting minimum requirements for landscaped and communal outdoor areas. [Planning Document, p. 53]
- Parking: 20% of the lot is reserved for surface parking, and additional spaces are included within a multi-level structure, with one parking space per unit. [Planning Document, p. 53]
VERIFY ALL WITH CITY PLANNING - THIS IS FOR INFORMATION ONLY AND ALL DATA IS SUBJECT TO CHANGE AT ANY TIME - MUST VERIFY ALL DEVELOMPENT AND ALLOWED USES WITH CITY.